UBA Board approves audited reports for 2017

The Board of Directors of United Bank for Africa (UBA) Plc has approved the audited report and accounts of the bank for the year ended December 31, 2017.

The Directors at the board meeting also approved the payment of final dividend for the 2017 business year.

The bank’s group Company Secretary, Bili Odum, said the approved audited report has been forwarded to the Central Bank of Nigeria (CBN) for endorsement.

The actual final dividend recommendation and the audited report, according to him will be released to the investing public after the approval of the apex bank.

UBA had earlier paid an interim dividend of 20 kobo per share, after the audit of its 2017 half-year results.

It declared a final dividend of 55 kobo per share, in addition to an interim dividend of 20 kobo for the 2016 business year.

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